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Search Results 0 to 36 of about 37 (some duplicates have been removed)
minutes past the hour. and now pope benedict xvi's stunning announcement that he'll be stepping down we have an idea when a new pope will take the reins. jim bittermann explains. >> reporter: since no pope has resigned in six centuries, there's very little precedent for what will happen at the vatican, but there are a few hints. the papal spokesman announced that there'll be a new pope by easter. easter is the 31st of march, so the 118 members will have to get through that. the spokesman also said the college of cardinals will not convene while the pope is still? office. so that means the popes will not go into conclave before he steps down. the election process itself could be quite short. with jet travel it no longer takes weeks for cardinals to gather. in fact third quarter could arrive early in march. what will be missing is the period of mourning and reflection that takes place when a pope dies. it is still an open question whether the cardinals will immediately fwaer and go sbieng the conclave or take a few days to get into the mood for electing a pope. also unclear is whether wit
false would if italian publications claim pope benedict decided to resign the same day he received an explosive report on a gay lobby lurking in the vatican. cnn's senior international correspondent ben wedeman is in rome. >> they are blasting in uncharacteristically strong terms, fredricka, are these reports, reports that appeared in a daily newspaper, "la repubblica" and a week live magazine panorama which suggests that indeed this group of three cardinals who were assigned by pope benedict to look into wrongdoing in the vatican found or allegedly uncovered, according to these publications a network of gay priests within the vatican who were being blackmailed according to these reports by a network of male prostitutes in rome. now, the vatican is roundly denying that these reports taking place, accusing the italian media of trying to influence the conclave, that group of 116 cardinals who will be meeting in the next few weeks in rome or rather in the vatican city to elect the next pope. fredricka in. >> in general, are people taking this report seriously throughout rome, or is th
and what's happening here? >> an announcement has been confirmed from the vatican. pope benedict is due to resign on february 28th. apparently he spoke in latin this morning and announced this move. we don't yet know why. there have been a number of stories surrounding it. he is going to resign. the vatican spokesman has confirmed that in the last five minutes or so. february the 28th is going to be the date. now, i have just been doing some digging. the last time a pope resigned might have been way back in 1415. clearly, unprecedented in modern times and we'll have to wait and see what the reasons will be given. there is going to be a press conference at 11:30 g. so, in other words, 27 memberships from now there will be a press conference from the vatican to outline exactly what's going to happen and maybe the biggest question to be answered is why is the pope going to stand down? and if he does, how will they choose the replacement and in what types of time scale? interesting, of course, is the timing of this is before easter, but it's just a few days after the italian election webs w
benedict's announcement that he will step down at the end of the month citing his advanced age. he's the first pope to resign in almost six centuries. >>> dell defends the buyout in an s.e.c. filing. they said the deal spearheaded by michael dell and private equity firm silver lake partners offers the best value for shareholders. three more of dell's largest investors are joining southeastern asset management. they believe the deal undervalues the company. david, we had this discussion on day one. it's been a while since it's seen $20. but it seems that's what they want. >> the buy outprice could make you to hope in some way you can at least get back to even. >> always bit a risk when you do a deal. even as it may be for a company that is facing challenging times, that is below the 52-week high. we knew it would likely be at that level. my reporting, and experience on these matters, would indicate really best to see and wait. let's see what happens over the next four, five, even six months before this deal closes. if the s&p were to rise significantly, it might perhaps make those w
. >>> plenty to tweet about, including pope benedict's stunning decision to step down. two longtime vatican watchers join us with details. >>> and later, as terrifying a view as you ever want to see. take a look at this video. we'll take you where a string of tornado hit, show you the damage they did. incredible pictures there. we'll be right back. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ when she's happy, she writes about bunnies. when she's sad, she writes about goblins. [ balloon pops, goblin growling ] she wrote a lot about goblins after getting burned in the market. but she found someone to talk to and gained the confidence to start investing again. ♪ and that's what you call a storybook ending. it's not rocket science. it's just common sense. from td ameritrade. there's nothin
tanker and remotely detonated. >>> in one of his final public appearances pope benedict xvi recited the angelus. he thanked the faithful for their prayers and asked them to pray for the next pope. benedict steps down at the end of the month and they'll select a new pontiff before easter. those are your headlines. >> mr. speaker, mr. vice president -- >>> president obama's state of the union speech contained nearly 6,500 words. now, look at this word cloud of his speech. the more often he used a word, the bigger it appears. jobs is by far the most prominent. he said the job or jobs 47 times. the president wants to create more jobs. so do most americans. so how to do it. i spoke with a man uniquely positioned to know. larry summers has been one of the world's leading economists for 30 years. he has served as treasury secretary, president of harvard and director of the national economic council. welcome, larry summers. >> good to be with you, fareed. >> so, the president wts to create jobs. everyone tells him this is the number one priority that the administration should have. put very
have been demanding better treatment from the shiite-led government. >>> pope benedict xvi led tens of thousands in prayer for strength. he gave his second to last angulus prayers. he announced he is resigning because of old age. >>> coming up at the top of the hour, model kate upton describes the experience of doing the "sports illustrated" photo shoot in antarctica in 35 degree below temperatures. >>> fareed zakaria "gps" continues right now. >> mr. speaker, mr. vice president -- >>> president obama's state of the union speech contained nearly 6,500 words. now, look at this word cloud of his speech. the more often he used a word, the bigger it appears. jobs is by far the most prominent. he said the job or jobs 47 times. the president wants to create more jobs. so do most americans. so how to do it. i spoke with a man uniquely positioned to know. larry summers has been one of the world's leading economists for 30 years. he has served as treasury secretary, president of harvard and director of the national economic council. welcome, larry summers. >> good to be with you, fareed. >>
away from pope benedict stepping down as head of the catholic clutch and the just released poll reveal his popularity. >> reward offered to help track down a person who shot a raccoon in the bay area. almost tastes like one of jack's cereals. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. male announcer ] over a third of a day's fiber. fiber one. ♪ shimmy, shimmy chocolate. ♪ shimmy, shimmy chocolate. ♪ we, we chocolate cross over. ♪ yeah, we chocolate cross over. ♪ [ male announcer ] introducing fiber one 80 calorie chocolate cereal. ♪ chocolate. >> benicia, san ramon, san mateo and all the bay area, this is abc7 news. >> 5:42. a $3,000 reward is offered in the latest shooting of an animal on the peninsula, the 12000 since december. fragmentness the body of a careen found alive but unresponsive in south san francisco on sunday lying against a cushion -- a curb. anyone with information about the shooting or the others obtains peninsula should call the humane society. a veterinarian put the animal to s
? >> all right, al. thank you. >>> now to rome and pope benedict's final days as leader of the catholic church. moments ago the vatican announced new details about the pope's life after he steps down. let's get to nbc's anne thompson at the vatican this morning. anne, good morning to you. >> reporter: good morning, savannah. we now know what pope benedict will be called once he retires. if you run into him, you address him as his holiness, pope benedict xvi, or roman pontiff emeritus. he won't wear the white cape you've seen him wear as pope. and then those shoes that he's so very fond of, well, they go. he will have to switch to brown shoes. we understand he'll wear a pair he was given on a trip to mexico. all of those details are coming out as the world gets a glimpse of the sometimes ugly gamesmanship that goes on in this beautiful setting. cardinal keith o'brien, briton's highest ranking catholic and its only vote in the upcoming papal conclave is staying away, accused of improper behavior with four young priests going back to the 1980s, detailed in a british newspaper sunday that o
. >>> new revelations today about pope benedict's health. did you know he has a pacemaker? this appears to be the first time the vatican has acknowledged that. his spokesman says the device did not have any bearing in the pope's decision to resign. doctors replaced the pacemaker's batteries just a couple of months ago in a routine procedure. meanwhile, take a look at this. just a couple of hours after the pope announced his resignation yesterday, this is the picture seen around the world. lightning appeared in the sky of a st. peters basilica. stunning. >>> he cannot leave yet that does not mean leon panetta cannot say good-bye. and that is precisely what the defense secretary did today in his farewell ceremony. this is just outside the pentagon. he spoke about his challenges his replacement must face. >> you're going to have to continue to deal with rogue states like iran and north korea. we just saw what north korea has done in the last few weeks. a missile test and now a nuclear test. they represent a serious threat to the united states of america. we have got to be prepared to deal
. that the pope, pope benedict, is to resign, being quoted on the italian news wire and now in the major italian press, suggesting pope benedict is going to resign. we have no idea why. there have been question marks about this in the past. >> anything from what has been happening with the vatican paper scandal to potentially his age being an issue. we have unfortunately no information at this point. i'm sure as they continues to develop, we'll have it trickling in. but first to have it reported from the italian news agency before anyone can report it. >> to resign on february the 8th is what dow jones is saying. >> that's after lent -- actually, during lent. not that the timing of this lentin season has anything to do with it, but it's interesting because we're in a build up to the incredibly important season. it's that and the way the news came out doesn't suggest -- so he announced this plan to resign in latin on monday that he would be resigning on february 28th. we're just continuing to bring you the news as we get these flashes through from the news wires. all of them, both dow jones and r
benedict xvi saying goodbye to cardinals before going off to retirement. he said he would pray for them as they choose his successor. about 11 a.m. eastern time benedict will fly to the papal retreat. he becomes the first pope in nearly 600 years to retire. >> very sad news, a tv news anchor woman is -- no, good news. safe at home. at 5 a.m. she was still missing. after a safe missing person scare, family members of paula lopez contacted police when they couldn't get in touch with her and became increasingly concerned. it is believed they found her later that night. she works at the station keyt in santa barbara, california. >> he jeopardized men and women fighting overseas. in a few hours he will break had i silence on why he did. he's going to tell a judge it was to spark a debate on our military policy. he is facing 22 charges including aiding the enemy and could receive life behind bars. >> remember that las vegas bash held by the g.s.a. that cost you more than $800,000? it was only the tip of the iceberg. a congressional report shows taxpayers paid $340 million for nearly 900 confe
to say this is a game changer. >> anna koren live from south korea this morning. >>> pope benedict xvi had a pace-maker adjusted three months ago but the procedure had nothing whatsoever to do with his resignation. joining me is our senior vatican analyst john allen. good morning, john. >> reporter: carol, good to be with us. >> so the replacement of the pope's pacemaker had nothing to do with his resignation? kind of hard to believe. >> reporter: nothing may be overselling it. there was no indication the pope was having eminent heart problems but obviously he himself had suggested that his age and diminishing strength and concerns about his long-term health were in the mix year, and his heart problems undoubtedly part of that. friends who worked with then cardinal joseph ratzinger in the vatican knew that but prior to that no one knew. popes don't face the same pressure to reveal medical records ads presidents or presidential candidates and i would suggest that today's revelation may well add some pressure that some cardinals are already feeling to be more concerned about potential he
boehner released a statement about pope benedict resignation. here is part of what he wrote. the prayers and gratitudes of american catholics are with pope benedict today. he displays love for the church. americans were inspired by his visit to the united states in 2008. that from the house speaker. >> as you might expect from samsung, given the breadth of products we have, smart phones, tablets, television, computers -- one of the areas we are investing a lot is the vault the screen connectivity, because we have are ready seen many people multitasking. you were on the couch watching tv, but also texting on the phone or looking at the internet on your tablets. how do we link those devices to reach other? how do we leave them to the cloud or to the internet? one very good example is the galaxy camera. we launched the camera last year. the camera now built in with 3g and 4g conductivity. you cannot blow them to a website or social media service to bring wireless connectivity to a camera. lincoln products like that, that is a big opportunity for us, and we suspected value for the consumer.
this was a monday morning stunner. pope benedict announcing he will step down at the end of the month, the first time a pontiff has resigned in over half a millennium. he's 85 and says he's stepping down because of advanced age and deteriorating strength. he was elected by the college of cardinals back in 2005. the vatican says the cardinals will meet and choose a new pope before the easter holiday. they will move quickly with this one. i've got a couple of tech stocks that might move and may move the whole market this morning. first off, according to reports, apple is working on a new chris watch that could be made of glass, if they make this thing and run on the same operating system as the iphone. the wall street journal reports that apple has already discussed plans for this device with the manufacturer in china. next item, does he know something we don't? google's eric schmidt selling 42% of shares in google stretched for the next year, worth about 2.5 billion dollars. maybe that will move google stock. and maybe some good news for microsoft, maybe, the new version of the surface tablet the
a shocking development from catholics from the vatican. pope benedict is stepping down saying he no longer has the mental or physical strength to cloak with the ministry. thake the 85-year-old german pope the first pontiff to step aside. many within the vatican itself were caught off guard, it would appear. even his inner circle unaware he was about to abdecate. >> by the end of the week we should see us airways and american merge. is this the consolidation play when it comes to airline stocks in when you see the numbers, you might say, maybe so. that story when "power lunch" returns. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ >>> welcome back to "power lunch." i'm josh lipton with a cnbc market flash. analyst with fossil's report due out tomorrow. watching the company to hold and anal
plans to pick a new pope could be speeding up. pope benedict, considering changing the vatican constitution to allow a vote for his successor before march 15th. that's when the conclave had been set to begin. ben wedeman is in rome and i asked him what else he knows. >> reporter: erin, officials in the vatican are sending out messages that they would like to hold the conclave earlier than originally projected, just a few days ago, they were talking about the 15th of march. what they would like to do is hold it a bit earlier, bringing those 117 cardinals to rome to vote for the next pope, as quickly as possible. they definitely want to avoid what happened with pope gregory x in the 13th century when the conclave went on for three years. the last time there was a con cl claif, it went on for two days and that would be i deal for the vatican. they would like to have the whole process of electing the next pope and putting that pope into power over and done with by the 24th of march, by psalm sunday. erin? >>> still to come, we talk to a photographer who spent time with both oscar p
hurt were treated at the site or nearby hospitals and released. >>> pope benedict xvi delivered his final sunday blessing before a huge crowd at st. peter's square. he told worshippers he will continue to serve the church through prayer and meditation. >>> the movie industry is just hours away from handing out its biggest prize. the 85th annual academy awards is tonight in los angeles. "lincoln" and "argo" are considered the favorites to win best motion picture. the oscar ceremony televised live in 225 countries worldwide. >>> those are your headlines. "reliable sources" at the top of the hour and now back to fareed zakaria "gps." >>> the meteor that exploded over the euro mountains nine days ago and the asteroid that followed it raised concerns around the world. why didn't we know the meteor was coming and what are we going to do for the next close call? are we sitting targets? the director of the planetarium is with us. >> thanks for having me back on the show. >> first of all, should we be worried or is this just a complete coincidence that these two things happened? >> yes. firs
sooner than expected. pope benedict xvi is considering a rule change to allow for a vote on his replacement before march 15th. that's the date set by church law which says cardinals should vote on a successor after a vacancy occurs. benedict's last day will be february 28. >>> with fighting in syria showing no signs of easing, the u.s. is providing another $19 million in humanitarian assistance. the money will help provide emergency medical care. the u.n. says nearly 70,000 people have been killed since the assad government fwan a crackdown on the opposition two years ago. >>> more on the story that has the whole world talking, blade runner oscar pistorius spending another night in prison. he is charged with the valentine's day murder of his girlfriend reeva steenkamp. he says it was an accident, that she was an intruder. police investigator says he doesn't believe miss miss waspit acting in self-defense but there is no evidence that is inconsistent with pistorius' story. speaking outside the courthouse pistorius' uncle had this to say about his nephew. >> he's not a violent per
newspapers lately that there is a possibility of an american successor to pope benedict the xvi. he will begin his last week as leader of the catholic church. the u.s. will have an unprecedented voice actually in the election of a new pope because the u.s. is sending eleven cardinals as electors to the papal conclave and they must be all under the able of 80 to be voting. that makes them second only to the italian contingent, the second largest group of electors are coming from america which is unprecedented. i am joined by father frank pravone, the national director of priests for life. nice to have you here today. >> good to see you today. martha: what do you think of this. cardinal dolan comes up and cardinal o'malley pointing to him from boston as well as a possibility. how likely do you think that is? >> well, you know, anything is possible. i think it's considered more likely than it has been in the past. but of course between now and the election there is going to be a lot of speculation. you'll see various lists being generated of possible names, and who is on those lists de
and who may be his successor next week on today. pope benedict. >> i look forward to that. to natalie morales with a check on today's headlines. >> good morning. >>> as many as 30 million americans are in the path of a major winter storm that brought snow and high winds to southern arizona wednesday. it forced the first ever suspension of match play at the world golf championships? much heavy snow is causing dangerous whiteout conditions today in kansas and nebraska. hundreds of flights have been canceled. >>> a stunning development today at the bail hearing for south african olympic star oscar pistorius. prosecutors reveal the lead investigator in the murder trial of pistorius is himself facing seven attempted murder charges over a police shooting in 2011. >>> meantime, nike said today it has suspended its contract with pistorius, accused of gunning down his girlfriend on valentine's day. >>> the stunning death of a gynecologist in the baltimore area has many patients wondering if they were victims of a shocking violation of privacy. lisa myers reports. >> reporter: baltimore police
says pope benedict is considering issuing a decree that would move up the date of the conclave, that's where cardinals from around the world meet to choose the pope's successor. current church rules call for the conclave to start march 15th but this decree could speed up the process. the rules in place deals with a pope dying. with the pope not dying things could happen faster. >>> senator john mccain getting an earful at a town hall meeting near phoenix. >> this is an orwellian experience. i've had enough, sir. we've had enough. >> i retired -- >> we've had enough time. >> talking about his illegal immigration bill and some people in his home state are not happy. some residents called for strict deportation programs which mccain opposes. mccain is one of eight senators from both parties working on an immigration plan. he says the white house promised to cooperate. mccain an expert at town meetings, never a good idea to cross him there. >>> new york city residents with pistol permits can request their identities be removed from public records under the city's new gun control law. han
week we'll be live at the vatican as we have the final days of pope benedict, and we'll be there at the final public outing and take a look at what is next for the world's more than 1 billion catholics and who may be his successor. that's all next week on today. >> a lot of interesting stories there. we'll go back inside to natalie morales with a check of headlines. >> good morning, everyone. as many as 30 million americans are in the path of a major winter storm that brought snow and high winds to southern arizona on wednesday and forced the first ever suspension of mass play at the world golf championship. heavy snow is causing dangerous white out conditions in kansas and nebraska and hundreds of flights have been canceled. a stunning development today at the bail hearing for south after an olympic star oscar pistorius. prosecutors reveal the lead investigator in the murder case against pistorius is himself facing seven attempted murder charges over a police shooting in 2011. meantime nike said today it has suspended its contract with pistorius accused of gunning do
Search Results 0 to 36 of about 37 (some duplicates have been removed)

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